U.S. Marshals Selling Two Properties That Belonged to
Convicted Fraudster Hassan Nemazee

WASHINGTON –
Two N.Y. properties that belonged to convicted fraudster Hassan
Nemazee have been listed for sale by a U.S. Marshals contractor. One
of the properties, a New York City duplex, is listed at $28 million
and is the highest-priced forfeited asset that the U.S. Marshals
have ever listed for sale. Nemazee was convicted for a $292 million
fraud scheme and is currently serving 12 years in a federal prison.

The U.S. Marshals Service is responsible for managing and selling
seized and forfeited properties acquired by federal criminals
through illegal activities. Proceeds generated from asset sales are
used to compensate victims, supplement funding for law enforcement
initiatives and support community programs.